An undisclosed party connected to First Jamaica Investment Limited has acquired 6.86 million of the company's shares, amounting to 2.26 per cent of the equity.

A solid gain in collections of general consumption tax, at the ports and at cash registers, boosted tax revenues back into realignment at the close of the June quarter.The first fiscal-quarter intake of taxes,...

CVM Communications Group is losing its top man, but the company seems far from perturbed and is leaving the post vacant for now.Consequently, Wayne Chen, chairman of the media company whose...

Last Thursday, James Bullard, president of the Federal Reserve Bank of St Louis, came out with a view that's gaining ground among members of the Federal Reserve Board.

The Treasury Depart-ment said Wednesday that it has scaled back its annual borrowing capacity by US$232 billion since April and plans further gradual cuts in coming months.

BP pumped cement into its blown-out oil well in the Gulf of Mexico on Thursday, hoping to start sealing it for good a day after it forced a slow torrent of heavy mud down the broken wellhead and pushed the crude back to its underground source.

PetroCaribe adds threeThree directors have been added to the board of the PetroCaribe Development Fund, including manager of the oil-backed fund, Sharon Webber......